"This is a unique piece of imperial furniture. It would have been placed beside the golden throne of the emperor and was probably part of a pair," said Li Yizhou, Poly Auction's manager of the antiques department.
Demand from Chinese collectors in recent years has encouraged a surge in the price of furniture and other items made from rare wood like zitan and huanghuali. Experts estimate there are fewer than 10,000 huanghuali items left in the world.
The Poly Auction is one of the largest auction houses in China. Its annual Spring Sale has seen huge success since opening last week, with the trend looking set to continue.
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